Here are five noteworthy news items from the cryptocurrency world over the past weekend:
1. Trump appointed a former college football player as the leader of the cryptocurrency council to lead the development of cryptocurrency policy.
2. VanEck proposed incorporating Bitcoin into U.S. reserve assets to help reduce national debt and stabilize the dollar, emphasizing Bitcoin's potential as a store of value.
3. Binance's CEO hinted that the UAE may hold a significant amount of Bitcoin, prompting the market to reevaluate the UAE's influence in the cryptocurrency space.
4. Cardano launched the Hydra protocol, a layer-2 scaling solution that aims to increase transaction processing capacity to 100,000 transactions per second.
5. Securitize proposed incorporating BlackRock's BUIDL token as a supporting asset for the Frax USD stablecoin, enhancing liquidity and stability.